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Most Innovative Companies

Airware

The World's Most Innovative Companies 2016Every great computer needs a great operating system--that's where Airware comes in. Since 2011, the company has worked to create subscription-based software and proprietary hardware for drones to aid in navigation, monitoring, and information management. This trio of product offerings, known as the Aerial Information Platform, has proven popular with the more than 600 commercial drone companies who've chosen to pair their products with Airware's OS. The service has also become indispensable to companies in telecom, insurance, utility management, and other sectors that have begun using drones to inspect hard-to-reach places like the tops of cell towers or ocean-bound oil rigs. Accordingly, the company has raised more than $40 million in funding from investors like Andreesen Horowitz, Kleiner Perkins, and Google Ventures. Beyond creating programs and chips for drone deployment, the company is also mining the emerging drone industry for promising new startups to invest in. CEO Jonathan Downey recently established the Commercial Drone Fund, a separate VC fund that will invest anywhere between $250,000 and $1 million in new drone technologies. Once the FAA establishes regulatory rules for drone deployment in 2016, Airware's two-pronged system will likely make it an industry leader overnight.
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2016: Drones
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